Community | April 17, 2011 | 150 comments

Spitzer to Eric Holder: Prosecute Goldman Sachs or Quit

Image
KB723
Spitzer to Eric Holder: Prosecute Goldman or Quit

Since Eric Holder seems to be lost somewhere in the Bermuda Triangle, I don’t have much hope for Spitzer’s call to action, but it is gratifying to see someone calling out the Administration’s appalling lapses.

Ok folks... I found this at Democratic Underground... I found this video on youtube but was unable to copy the link, so I am hoping the link listed below will help... Remember I am still new at these things so this may not work... Personally I don't think Eric Holder will do a Damned Thing.... What are you thoughts???


Ok this will work, however you will need to copy the link below and paste it to your browser... Preferably in a new window, well that's what I did... Good Luck, hope to hear your thoughts and views.... =)

http://www.cnn.com/video/#/video/bestoftv/2011/04/15/exp.arena.prosecute.resign.spitzer.cnn?iref=allsearch
  1. groups:
    Community,   Politics,   Trash Can
  2. tags:
  3.     
    |

150 comments // Spitzer to Eric Holder: Prosecute Goldman Sachs or Quit

  • 2hellnwait
    • 0
      2hellnwait  

    • With both an inept AND corrupt DOJ (courtesy of B.O.'plenty') what's the probability this will go beyond bloviating rhetoric?
      I predict zero, nil, zilch, nada - ad nauseum.

    • 1 year ago
  • EmileZ
  • EmileZ
    • +1
      EmileZ [removed]  
    • EmileZ:

      http://www.youtube.com/watch?v=1YwA8q6ZTmo

      Democracy NOW! DN! - "Nobody goes to jail," writes Matt Taibbi in the new issue of Rolling Stone magazine. "This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world's wealth." Taibbi explains how the American people have been defrauded by Wall Street investors and how the financial crisis is connected to the situations in states such as Wisconsin and Ohio. Published with written permission from democracynow.org. http://www.democracynow.org Provided to you under Democracy NOW creative commons license by a volunteer. Democracy NOW!, an independent non-profit user funded news media, recognized and broadcast world wide.

    • 1 year ago
  • jubal
    • +2
      jubal  

    • If our own government cannot hold the criminals on Wall Street responsible for their actions, then its time for WS to burn to the ground and the market to crash with it.

    • 1 year ago
  • KB723
  • NC54
    • +1
      NC54  

    • Spitzer & Taibbi are the good guys... standing between the Masters of the Universe (GS et al.) and their Pawns (friends in high position).

      Nothing will happen.

      anyway, Phrma needs Holder to take care of those pesky 'herbal dispensaries' that are luring their profits away.

    • 1 year ago
  • KB723
  • Warren_Merrill
  • tverdell
  • NC54
  • Warren_Merrill
  • Persecuted
  • Persecuted
    • +1
      Persecuted  

    • spitzer was really hung out to dry for that prostitute thing. he is a good guy though, and definitely on our side. im not sure if he was on our side with the corporate thumbs on his head, but now he's free to tell the truth

    • 1 year ago
  • KB723
  • COMMONSENSEFORCOMMONGOOD_COM
    • +3
      COMMONSENSEFORCOMMONGOOD_COM  

    • Open letter to Eliot Spitzer:

      Dear Eliot,

      While you're on the subject of Holder, perhaps you can do a recap on Scalia's and Thomas's Supreme Court judicial improprieties, and remind Holder to prosecute both judges! Why has Obama been silent on these two issues? Whose boat is he leery of rocking? Something stinks Pennsylvania Ave.

    • 1 year ago
  • KB723
    • +1
      KB723  
    • COMMONSENSEFORCOMMONGOOD_COM:

      Bilderbergs.... And the others who own Goldman-Sachs and the Fed... People seem to be lost.... There is No USA any longer... Go to my profile and look for the articles in the "trash can" I posted an article about "North American Union" check it out, may answer some of your questions.... =)

    • 1 year ago
  • Debra_
  • uShine
  • PoliticalAmazon
    • +2
      PoliticalAmazon  
    • uShine:

      My issue with Spitzer is the same as my issue with John Edwards. I don't give a rat's ass who they sleep with. What I do care about is then having affairs when they are either (Edwards) running for the presidency or (Spitzer) have been elected to a position of power.

      In both instances, they wasted all of the resources required to get them to that position. In both cases, if they could not keep their dick at home, then they should not have run for office, because, in this day and age, the chances are far too great they will be caught.

      Edwards--he was worse, IMO, because he knew the child from the relationship was his, so he had an illegitimate kid, to boot. Meanwhile, all of the volunteers, campaign contributors, campaign staff, etc., are spending much of their days and nights working to get him elected.

      If Edwards would have wont the primary, we would have received an October Surprise from Bleeding Hell, because the GOP would have waited until then to erupt the scandal.

      Otherwise--I don't care who they sleep with. It's between them, their wives, and their wives' infectious disease doctors.

    • 1 year ago
  • Prijedor
  • Prijedor
  • KB723
  • Debra_
    • -2
      Debra_  
    • KB723:

      I think Eric Holder is in a better position to know when to exercise the discretion given to him for his job than you or whore mongering Eliot Spitzer

    • 1 year ago
  • KB723
  • KB723
    • +2
      KB723  
    • Debra_:

      I have always tried to steer clear of you Debra_ you really have some issues and I am NOT the only one that thinks so... Stop going over this page and adding negs... To be Honest No One gives a Flying Fart What the Helll you Think.... Knock it Off!!!!

    • 1 year ago
  • Persecuted
    • +2
      Persecuted  
    • Debra_:

      yes... because being a terribly ugly man and paying for sex equals no authority on financial or criminal cases against the american people as a whole... that makes a lot of sense debra... glad you could make your mark on current yet again...

    • 1 year ago
  • Persecuted
    • +2
      Persecuted  
    • Prijedor:

      america is too caught up in sex... other countries in the world expect their leaders to have as many women as they want... here... its ok to defraud the public, steal votes, steal money, embezzle, go to bed with corporations... but you better not go to bed with a woman!

    • 1 year ago
  • Persecuted
    • +1
      Persecuted  
    • KB723:

      isnt she pathetic... so backwards... and calls herself a progressive liberal... shes on the wrong side of every issue... and boisterous about her outlandish theories and thoughts...

    • 1 year ago
  • Persecuted
    • +1
      Persecuted  
    • Debra_:

      yes... because eric holder has really reigned in all the fraud going on in wallstreet and the banking systems... isnt that right deb? its ok to screw millions of americans out of everything they have... but its not ok to screw a hooker... makes sense...

    • 1 year ago
  • KB723
  • vixxxen618
    • +5
      vixxxen618  

    • They'll prosecute Barry Bonds for using steroids (like I give a sh*t), but not Goldman Sachs for the biggest crime of the decade... America-home of the corrupt.

    • 1 year ago
  • KB723
    • 0
      KB723  
    • vixxxen618:

      The part you miss and I will share it with you is that: Goldman Sachs, and the Fed own this country.... Never bite the hand that Allows food in your mouth....

    • 1 year ago
  • vixxxen618
  • PoliticalAmazon
  • KB723
  • CreditFigaro
  • PoliticalAmazon
    • -1
      PoliticalAmazon  
    • CreditFigaro:

      Well, the biggest noise we've heard from conservatives is from the bagger and, it seems pretty clear, if they aren't being carried around to their meetings and protests by the Koch-Brothers Express, they aren't going to be very active.

      Also, I think there's a chill in the conservative pundit environment right now, after Beck got booted from Fox. The conservative pundits who still have face time in front of a camera are going to be a little cautious for awhile.

    • 1 year ago
  • CreditFigaro
  • KB723
  • CreditFigaro
  • KB723
  • PoliticalAmazon
    • +1
      PoliticalAmazon  
    • Image

    • What many forget is the simple fact that Eric Holder serves at President Obama's pleasure.

      Therefore, it's like John Ashcroft...unless the president these AG's serve under publicly take them to task, or fire them, over something the AG 's have done, one has to assume that the president approves of what his AG is doing, or has even instructed his AG to do what he is doing.

    • 1 year ago
  • KB723
  • PoliticalAmazon
    • -1
      PoliticalAmazon  
    • Image

    • Matt Taibbi wrote an article in the 2/16/2011 edition of the Rolling Stone entitled "Why Isn't Wall Street In Jail?"

      It documents the reality of the "tough stand" Obama promised but--like so many of his promises--failed to deliver.

      This is the reality: Besides Bernie Madoff, "The rest of them, all of them, got off. Not a single executive who ran the companies that cooked up and cashed in on the phony financial boom — an industrywide scam that involved the mass sale of mismarked, fraudulent mortgage-backed securities — has ever been convicted."

      --------------------------------------

      http://www.rollingstone.com/politics/news/why-isnt-wall-street-in-jail-20110216

      [BEGIN QUOTE]

      WHY ISN'T WALL STREET IN JAIL?

      Matt Taibbi, Rolling Stone, February 16, 2011

      Over drinks at a bar on a dreary, snowy night in Washington this past month, a former Senate investigator laughed as he polished off his beer.

      "Everything's fucked up, and nobody goes to jail," he said. "That's your whole story right there. Hell, you don't even have to write the rest of it. Just write that."

      I put down my notebook. "Just that?"

      "That's right," he said, signaling to the waitress for the check. "Everything's fucked up, and nobody goes to jail. You can end the piece right there."

      Nobody goes to jail. This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world's wealth — and nobody went to jail. Nobody, that is, except Bernie Madoff, a flamboyant and pathological celebrity con artist, whose victims happened to be other rich and famous people.

      The rest of them, all of them, got off. Not a single executive who ran the companies that cooked up and cashed in on the phony financial boom — an industrywide scam that involved the mass sale of mismarked, fraudulent mortgage-backed securities — has ever been convicted. Their names by now are familiar to even the most casual Middle American news consumer: companies like AIG, Goldman Sachs, Lehman Brothers, JP Morgan Chase, Bank of America and Morgan Stanley. Most of these firms were directly involved in elaborate fraud and theft. Lehman Brothers hid billions in loans from its investors. Bank of America lied about billions in bonuses. Goldman Sachs failed to tell clients how it put together the born-to-lose toxic mortgage deals it was selling. What's more, many of these companies had corporate chieftains whose actions cost investors billions — from AIG derivatives chief Joe Cassano, who assured investors they would not lose even "one dollar" just months before his unit imploded, to the $263 million in compensation that former Lehman chief Dick "The Gorilla" Fuld conveniently failed to disclose. Yet not one of them has faced time behind bars.

      Instead, federal regulators and prosecutors have let the banks and finance companies that tried to burn the world economy to the ground get off with carefully orchestrated settlements — whitewash jobs that involve the firms paying pathetically small fines without even being required to admit wrongdoing. To add insult to injury, the people who actually committed the crimes almost never pay the fines themselves; banks caught defrauding their shareholders often use shareholder money to foot the tab of justice. "If the allegations in these settlements are true," says Jed Rakoff, a federal judge in the Southern District of New York, "it's management buying its way off cheap, from the pockets of their victims."

      To understand the significance of this, one has to think carefully about the efficacy of fines as a punishment for a defendant pool that includes the richest people on earth — people who simply get their companies to pay their fines for them. Conversely, one has to consider the powerful deterrent to further wrongdoing that the state is missing by not introducing this particular class of people to the experience of incarceration. "You put Lloyd Blankfein in pound-me-in-the-ass prison for one six-month term, and all this bullshit would stop, all over Wall Street," says a former congressional aide. "That's all it would take. Just once."

      But that hasn't happened. Because the entire system set up to monitor and regulate Wall Street is fucked up.

      Just ask the people who tried to do the right thing.
      [ENF OF QUOTE] Article continues at URL, above...

      ---------------------

    • 1 year ago
  • KB723
    • +1
      KB723  
    • PoliticalAmazon:

      I dig the Hell out Taibbi.... I really agree with this part of the article.... Thanks again... =)

      "You put Lloyd Blankfein in pound-me-in-the-ass prison for one six-month term, and all this bullshit would stop, all over Wall Street," says a former congressional aide. "That's all it would take. Just once."

    • 1 year ago
  • PoliticalAmazon
  • KB723
    • +1
      KB723  
    • PoliticalAmazon:

      Best Wishes with it PoliticalAmazon, it's very important to set Goals... I have always said: "Write your goals on Paper, when they are just words, they float away just like a Fart in the Breeze" =)

    • 1 year ago
  • PoliticalAmazon
    • 0
      PoliticalAmazon  
    • KB723:

      ""Write your goals on Paper, when they are just words, they float away just like a Fart in the Breeze" =)"

      ------

      How inspiring! I think I'll do it up in a little cross-stitch sampler and hang it right next to my computer =)

    • 1 year ago
  • KB723
  • tverdell
  • KB723
  • tverdell
  • KB723
  • chrisntom
    • +1
      chrisntom  

    • When I read about Spitzer, I believe in his strength of character as a "sheriff of wall street" ...Holder is smart, but beholden. paired together, they could make some great noise!!!

    • 1 year ago
  • KB723
  • Moviesharez
  • KB723
  • FLeggplant
    • +4
      FLeggplant  

    • I definitely agree that someone should be held responsible.
      I'd like to see more than one but, at least 'someone' would be a start.
      Maybe I'm a pessimist but, I highly doubt anything will happen. Still, I'm happy to see Taibi and Spitzer calling for accountability.
      The bank fraud ties in with the rest of what is happening in this Country.
      Politicians (mostly Republicans) spewing lie after lie, re-writing history and current events, destroying the middle-class, Women's rights and hoping the elderly die quickly... and the Media treating every lie and abuse as side-show entertainment.
      I could go on and on but, you all know what I mean.
      We've got to stop pampering wealthy criminals and liars just because they are rich.

    • 1 year ago
  • KB723
    • +1
      KB723  
    • FLeggplant:

      What an Awesome comment, but I wonder, Do we Pamper them??? I think they have Lobbyists that try to push laws through that are to their employers benefit... More often than Not that happens... I heard a story about the Hirschfeld family... The story was that they worked with folks in congress and the senate to outlaw Hemp... Being that the family owned many many acres of forest land, and thought it would be best to stick with wood as a paper than to use the commonly grown hemp plant...

    • 1 year ago
  • ReMarker
    • +4
      ReMarker  

    • I agree Holder should kick A and take names BUT he is running a DOJ filled with political operatives appointed by Bush.

      Just think of how wild the Republican rhetoric would be if Obama and Holder had 'FORCED' OUR vision of America on the white supremacists Republicans.

      Some time has passed. Republicans have shown their true colors and become widely known for the 'weaken America' radicals they are. Both the Prez. and the A.G. are positioned well for continuing to move our country to a stronger America more rapidly.

      BTW, Spitzer is correct for holding Holder's feet to the fire. I like Spitzer's style and watch him regularly.

    • 1 year ago
  • PoliticalAmazon
  • August_K
    • +7
      August_K  

    • Spitzer has a pair. He went after a lot of big boys in NY and I have a feeling they got even with him. They probably hired all kinds of people to catch him doing anything wrong .......and he got caught doing what probably all of them do.
      Too bad.....we need more fearless people like him to take down the bad guys.

    • 1 year ago
  • KB723
  • wayseeker
  • uShine
  • KB723
  • uShine
  • figgdimension
  • stubones
  • August_K
    • +1
      August_K  
    • uShine:

      You heard what Spitzer said when he was going after someone....their lawyer said "be careful we have powerful friends".

      That's where the problem is.....for these crooks, money is power and their money can make or break lives. That's what Murdoch did to politicians when he was still living in the AU. He used his media empire to destroy politicians.

      The only thing that would take their power away is true election financial reform....but they all love the money (the donations to campaigns) so we, the people would have to do a hell of a lot of yelling and protesting to see any changes made.....and Citizens United was the icing on the cake.
      Things really spiraled out of control after that decision.

    • 1 year ago
  • KB723
  • letsliveinpeace
  • figgdimension
  • KB723
  • letsliveinpeace
  • Milieu
    • +10
      Milieu  

    • There is an element that I didn't see mentioned. The Absolute Uproar of the Republic Syndicate and the Oligarchs if Holder - Obama went after the Wall Street Gang.

      The Syndicate would tie things up so badly that, if you think Obama hasn't gotten anything done yet, the Syndicate would make what Has happened look like Sunday Brunch.

      Republic House would be firing subpoenas into the air as fast as their Masters' lawyers could get them printed.

      I expect to see some difference if Obama gets 2nd term and Democratic Party regains control of House and Holds the Sen.

    • 1 year ago
  • KB723
    • +1
      KB723  
    • Milieu:

      Milieu, that seems to be a very broad forcast... I am thinking BO is Done... Too much Pandering and asking for Partisanship... I LOVE my POTUS but think maybe it's time for a change in the WH.... Just my Opinion.... Cool as Hell for you to drop by, Thanks... =)

    • 1 year ago
  • Demtothecore
    • +5
      Demtothecore  
    • KB723:

      KB with the infighting and the wall of NO, if the President did not play nice with the Good Oppressor Party just imagine where things would have been right now. Those folks don't give a damn who lives, dies or even eat if they don't fall within the 2% so making deals which he himself have said MUST end is all he could do with the circumstances presented to him. Now if next year the good folks wake up and vote for their best interest and we get the 60 or more in the Senate without the Blue Hogs, and take back Congress watch what happens. As Milieu said the syndicate and we all know who those bastards are not afraid to let us all burn.

    • 1 year ago
  • KB723
    • +1
      KB723  
    • Demtothecore:

      DTTC I like the BlueHogs quote... I just must say that we apparently placed GW for a second term and were holding our breath for him to leave office... I grant many props for what changes BO has accomplished I just see him too far to the right to trust him for four more years... Please take No harm to my views I am just sharing my thoughts... Kinda like a Dog that's been kicked too many times.... I hope you understand...=)

    • 1 year ago
  • figgdimension
    • +1
      figgdimension  
    • Milieu:

      :) LOL Syndicate of silly sad fuchs perhaps the old ones will arise any moment the Arkham clan is running the show!! I'm creeped out for real are they the crawling madness or what have i awoken in an H.P. Lovecraftian Novel .. Im expecting wings to pop out of kasich or Walker any second ... and the media all look like fish people anyway so not surprised there but whoaaa we have officially entered the Mountains of Madness we have to ask to prosecute the Big Bad Bank Cuthulu is calling ...
      "tell him Im not home.!"

    • 1 year ago
  • August_K
    • +2
      August_K  
    • Milieu:

      I hope so too since Obama won't have to tread lightly in a second term.
      He could really kick some butt and not have to worry about losing the next election for POTUS.

    • 1 year ago
  • ReMarker
    • +2
      ReMarker  
    • KB723:

      Time for a change in the WH?

      Surely you realize "a change in the WH" means having a crazy Republican as Prez. like Trump, Gingrich, Palin, Romney, Pawlenty, Huchabee, Bachmann, Sanchez, etc., and giving the Repubs. a green light to continue their 'destroy America' ways.

      I can only conclude you would rather have a Repub. Prez. than a Dem. Prez.

      We all want the perfect President but we are stuck with the options we get. I'll stick with the Dem. Prez. and preserving America's better angels.

      I "drop by" most articles submitted by my fellow blog readers, no thanks needed.

    • 1 year ago
  • KB723
  • ReMarker
    • +2
      ReMarker  
    • KB723:

      Sorry to 'read you wrong' but I didn't see any reference to Kucinich as your preferred Dem. for Prez. over our current Dem. Prez.

      To have a Dem. Prez. challenged for his party's nomination weakens that Dem's. Prez. chances of winning over his Repub. opposition. As much as I like some of what Kucinich says, I would vote for Kucinich for Prez. ONLY if my other option was a Repub. I voted for Carter over a Repub. That should tell you how much I believe Republicans harm America.

    • 1 year ago
  • madammarsh
    • +2
      madammarsh  
    • figgdimension:

      You have taken these 'people' to a whole new level! Kasich looked scary enough already; now I'm going to be compelled to look and see if he's transforming in any way. The nightmare gets worse.

    • 1 year ago
  • ReMarker
    • +2
      ReMarker  
    • August_K:

      I'm with you and Milieu. Assuming an electoral landslide, the Prez. should be able to rock and roll in his second term.

      Hopefully a non-Republican will be in a strong political position for Prez. in 2016 so the government hating Republicans don't get another chance to weaken our country.

    • 1 year ago
  • Demtothecore
    • +2
      Demtothecore  
    • KB723:

      I wish you would pay attention to his accomplishments under the most extreme circumstances and see he is getting blocked on both sides. Now his intentions might be seen as center but for poor people to eat and live indoors he has to play poker with the devil and we know who the devils are. But you to even link him with Bush is beyond the bounds of reasoning and remember the main goal of his opponents both inside and outside the party is to spread lies and propaganda to damage his image, water down his work and try like hell to make us not see his efforts as working for us the lesser 98%. Please do not let them use their dirty tricks and play you because in only two years and a few months and what he was left with I am surprised he has accomplished so much. Just imagine you being the new manager of a major department store but gets no respect for you hard work then given a basked to carry water.

    • 1 year ago
  • KB723
    • 0
      KB723  
    • Demtothecore:

      Oh I totally agree with you DTTC and I stand next to my current POTUS with much Pride... I just think that the Koombaya or how ever that's spelled, has been to Much.... I want a POTUS that will stand his ground... To Hell with the BiPartisan Myth... He is fortunate to have soo many accomplishments... I guess I am just saying I want a POTUS that when Punched in the Face will Punch right Back.... And BO has been Punched many times... Haven't seen himon the matt yet but Damn It he needs to do something to win my vote in 2012.... I think Kucinich got a bum wrap last time around.... I bet that guy can throw a Mean Punch..... Good seeing you DTTC, have a Great Afternoon... =)

    • 1 year ago
  • ZiggyStrange
  • SFirman
  • SFirman
  • KB723
    • 0
      KB723  
    • ReMarker:

      Perhaps you should read the comments and replies on this page before looking for grandeur???? I do appreciate your stopping by and I am NOT being Snarky... =)

      All I remember about Carter is that he liked peanuts... I was a baby when he was POTUS... Perhaps you have more life experience and I can grant you much respect for that and your life views.... =)

    • 1 year ago
  • ReMarker
  • Demtothecore
    • +3
      Demtothecore  

    • Spitzy I like you. I really do but just because you had to quit due to your extracurricular activities don't mean you have the right, balls, position or even the gall to ask someone else to quit. But I do agree those thieves should be prosecuted!

    • 1 year ago
  • KB723
    • +1
      KB723  
    • Demtothecore:

      Yes DTTC I agree, he doesn't have much Credibility when you look at the score sheet... What an Great comment, Thanks for stopping by and sharing your views...=)

    • 1 year ago
  • Richard_Wyatt
  • KB723
    • -1
      KB723  
    • Richard_Wyatt:

      A Hard thing to do with all the Goldman peeps running around as lobbyists... I do Agree with you Richard_Wyatt and Thank you for sharing your views... I wish he would Quit he has been of little Help other than continuing the GW BS!!! =)

    • 1 year ago
  • PoliticalAmazon
    • -8
      PoliticalAmazon  
    • Image

    • Eric Holder is doing Obama's bidding. If you want to get a REAL U.S. AG, then we have to get rid of Obama as president.

      As long as we have Obama in the Oval Office, we will have Holder--and others--doing the bend-and-spread-em-two-step for frauds like Goldman-Sachs.

      Holder is where he is in the Obama administration because he will willingly be a co-conspirator in the coverup of the Wall Street fraud perpetrated against the American taxpayers who have to pay for it.

      The key is Barack Obama. Get him out of the Oval Office, and we have a chance at fixing things. As long as Obama is in the Oval Office, there is no hope to hold ANYBODY accountable...not Bush, not Cheney, not John Ashcroft, and not Goldman-Sachs or Eric Holder.

    • 1 year ago
  • KB723
  • Swisher
12
1 - 100 of 150
more from Community:
from the community

top videos